International Power of the UK and GDF-Suez of France are believed to have restarted talks of creating a partnership.
The European Commission has launched a smart grids initiative, which is intended to upgrade and equip Europe’s electricity network by building intelligence into the existing passive delivery system.
Enel, Italy’s largest utility, has said that it has not yet reached a decision on selling its 73 per cent stake in Bulgaria’s Maritsa East Three coal-fired power plant.
The UK Government has announced a drop of nearly 7 per cent in the share of electricity generated from renewable sources. Despite a year-on-year increase of nearly a third of onshore wind power generation, the total amount supplied in the first quarter of 2010 as part of all sources fell by 6.6 per cent.
Major UK wind energy producers will receive Government-backed incentives to shut down production at wind farms during strong wind gusts at periods of low power demand.
The Swedish parliament has voted by the narrow margin of 174-172 to overturn a 30-year-old ban on the construction of new nuclear reactors and to allow the replacement of the country’s existing fleet of 10 reactors.
Kenya has received a $330 million loan from the World Bank to boost power generation. The fund is aimed at deepening investment in green energy and expanding access to electricity across the country, as part of the Kenya Electricity Expansion Project.
Vuong Huu Tan, Director of the Vietnam Energy Institute, said that Russia has been chosen as the foreign partner in Vietnam’s first nuclear power plant project in Ninh Thuan province.
According to a report published by the consultancy Cambridge Econometrics, the UK will miss the European Union target set for 2020 by almost 10 per cent.